Making a Will in Singapore: A Guide to Important Considerations!
Planning for the future is a responsible and caring act. Making a will is a crucial part of that process, ensuring that your wishes are honored, and your loved ones are taken care of. Here's a brief guide on the key things you can include in your will. Asset Distribution (Properties, bank accounts, investments, and personal belongings) Guardianship for Minor Children Debts and Taxes management Care for Elderly Dependents (Financial support, living arrangements, or healthcare decisions) Business Succession (Specify whether it will be passed on to a family member, sold, or if there are other arrangements) Digital Assets (Your online accounts, social media, and any valuable digital assets) Healthcare Directives and preferences (life-sustaining treatments, organ donation, and funeral arrangements) While a basic will can be created on your own, consider seeking legal advice to ensure that your will is legally sound. A lawyer can provide valuable knowledge and help you navigate c...